I guess with lumber prices keep dropping to new 52 weeks low and ringgit strengthening, it is effecting the price of FLB. Based on my analysis, even at current lumber prices, profitability should be good. Additionally ocean freight charges have dropped significantly compared to year ago., this will help to reduce buyers cost. I am still holding, have been a long term investor and still want to enjoy cash and share dividends for the long term. New buyers might want to study first before getting into FLB.
Total number of shares still in treasury (units) #11,730,632= RM 7.45M, approximately. Free Cash #138.5M Cash/Floor Value approximately, @0.635. Next Quarter, will be better!?
Focus Lumber is expected to continue do well this year...Lumber price is recovering and they have huge cashpile to deliver constant dividend to Share Holders...Maintain Buy with target price of 1.00...
USD will continue to strengthen to 4.60 which should lift FLBHD's net profit higher for coming quarters...A strong USD versus Ringgit is good news for FLBHD
We should expect Focus Lumber to maintain its earning momentum comparable to 2022 if USD continues to remain strong as FLBHD derives its major revenue and earnings in USD...Dividend yield is targeted to be 7%...Reiterate BUY!
At 0.610 it is trading at a huge discount to its forward strong earning growth and Dividend yield...EPS is expected to remain above 20 sen per share if Ringgit continues to slide against USD though lumber price is declining.
Rosmanku qr rugi...dividen 2 sen 2 hours ago FY still EPS #0.12. Dividend RM 20/1K shares!? Cyclical consumer products lah!? Those invested must understand this business. Floor/Cash Value @0.565.!?
Declared 2 sen dividend though making quarterly losses..perhaps the only company in Bursa that will continue to give you dividend even when company is making losses...bcos it is cash rich with zero gearing as it is sitting on more than 120 mil in cash that can generate passive income even when its plywood business isn't doing well ...the company itself is investor utilising its massive cashpile to generate income for shareholders...We can expect Focus Lumber to continue paying good dividend though demand for plywood related products are softening...maintain BUY!
As you can see from its past record when it was making losses for 2 consecutive years, FLBHD stil paid dividend from 3-5 sen dividend even when it was making huge losses... This has shown that management really takes care of shareholders n really aspired to create values for Shoulders...this is a fundamental company that we should acquire and buy on weakness...assuming we get another 2 sen dividend by year end,this would translate to 6-7% dividend yield even when plywood demand is softening in the short term...Plywood mkt wil definitely pick up again soon...
Really funny, price dropped more than dividend payout but still praising it...lol...revenue only 8mil, having issue to sell its products to US....HOPELESS counter, company with poor revenue, how to generate profit moving forward? Solely rely on cash pile, tunggu mati lo
Looks like we have to contend with low lumber prices at least till the middle of the year. Stock price will be depressed. I have been holding this stock for years. Will continue to do so.
There is no need to worry...This company has zero borrowing and share buyback exercise to create values for Shoulders ...just buy on weakness and wait for recovery
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sherlockman
245 posts
Posted by sherlockman > 2023-01-01 10:29 | Report Abuse
happy new year fellow shareholders. May we look forward to another good year of dividends and share performance from FLB